Price recently tested the supportive level (also 61.8 fib) and trend line. now looking for longs back up to retest the highs
Potential Trendline bounce setup, price action is currently at a previous major support lvl Looking for a retest of the previous highs but price action may find it difficult to break the 0.67400 lvl
Potential continuation of downtrend (Daily Chart) Going to need some lower reports from CPI m/m & y/y percentages in order for price to push down!
Simple retest strategy on Higher time frames 30Min entry candle
Clean retest of daily support lvls looking for a decent return on this one
Potential push to the downside if current support gets broken!
After strong rejections from the lows looks like orders have been filled and we may continue our push to the upside First zone to be aware of is the 6200 lvl
After strong rejection candles on the higher TIMEFRAME off the 1.31400 lvl a potential short opportunity has arisen possible low-risk high reward. (may not complete before Friday close).
Inverted Head & Shoulders setup in-process first structure point to break through is 0.71900 and it should be a steady ride up to 0.72400
Simple trend continuation using Fibonacci to measure out entry zone and extended targets
Price is at a potential short zone. this could be another potential rejection and push to the downside
Previously stopped out on the last Post, re entered again on 15min Chart giving a better risk reward (same targets)
This recent pullback into structure has offered a high probability trend continuation trade on the cards. looking for a potential bounce from the currently tested support area and a push up to test the 0.73700 zone
Price action has made a pullback into structure entered on a Lower TF (5MIN) treating this as a short term trend continuation trade 2 targets
Bearish Bat pattern formation Daily chart this will be a long hold
AUD/USD is currently stuck in sideways channel movement, having today had a surging bullish push to retest the previous resistance zone of 74400. We now see a candlestick formation, giving a grate short trading opportunity on this pair. Lets see how this pans out!
Have a bearish Gartley formation on the daily lets see how this plays out
Since price acion's previous breakout to the downside and close below the 1.77600 zone Price action has now retraced back up and is currently retesting This previous support zone which now may act as a potential resistance level. Price action has now seen a rejection at this level signing a possible continuation to the downside!